Bitcoin, immersion in ether; XRP Leads Lower in Top 10 Cryptos

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Bitcoin and Ether fell in Asian exchanges on Monday afternoon, with XRP leading the declines among the top 10 non-stable cryptocurrencies.

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Quick FactsBitcoin was down 0.07% in the past 24 hours and traded at US$16,743 as of 4:30 p.m. in Hong Kong, and Ether was down slightly by 0.4% at US$1,183, according to CoinMarketCap.XRP was down 2.59% at US$0.3442, down 7.9% in the last seven days. On Friday, Nicole Tatz, attorney for Ripple Labs CEO Bradley Garlinghouse, asked to step down as a co-defendant attorney in Garlinghouses’ ongoing lawsuit against the U.S. Securities and Exchange Commission. Tron rose 0.11% to $0.05373. It has gained 2.97% in the past seven days, becoming the ninth largest non-stable token by market capitalization. Total value locked, which measures the total value deposited in one or more decentralized finance protocols and reflects investor interest in the Tron network, has been higher than Binance Smart Chain since Friday, according to Binance’s data dashboard. the Defillama.Litecoin blockchain fell 2.19% to $63.25, and has fallen 14.43% in the past seven days to fall from the top 10 non-stable cryptocurrencies by market capitalization. Asian stock markets fell. Japan’s Nikkei 225 fell 1.05%, the Shanghai Composite Index fell 1.92% and Hong Kong’s Hang Seng Index edged down 0.82%. China’s business climate for November fell to its lowest since 2013, according to a World Economics Sales Managers survey released on Monday. Chinese authorities have pledged to stabilize the economy in 2023 and maintain sufficient liquidity in financial markets to achieve key goals, according to a statement issued following last week’s Central Economic Work Conference. reported Reuters.

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